Delectable parsnip incrsquos net income for the most recent, Ask an Expert

Finance

Delectable Parsnip, Inc.’s, net income for the most recent year was $10,712. The tax rate was 30 percent. The firm paid $3,537 in total interest expense and deducted $5,773 in depreciation expense. What was the company’s cash coverage ratio for the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92369021

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